GDHG News

Three small issuers began trading this past week, two of which are eligible for inclusion in our IPO stats, while two delayed to the week ahead (UCAR and USGO). Four IPOs submitted initial filings, led by one biotech and one reinsurer both planning to raise $100 million. Chinese amusement and water park operator Golden Heaven Group (GDHG) downsized and priced...read more

Golden Heaven Group Holdings, which operates six amusement and water parks across southern China, raised $7 million by offering 1.75 million shares at $4, the low end of the range of $4 to $5. The company offered 0.25 million fewer shares than anticipated. It originally planned to offer 6 million shares before lowering the terms in March. Through its Chinese operating entities,...read more

Five small Asian issuers are currently on the calendar for the week ahead, four of which qualify for inclusion in our IPO stats. Others may join throughout the week//late. Chinese battery-swapping station developer U Power (UCAR) plans to raise $18 million at a $368 million market cap. U Power started as a vehicle sourcing service provider in China, and in 2020,...read more

Updated Monday, 3/27. Five small Asian companies are currently scheduled to list in the week ahead, four of which are eligible for inclusion in our IPO stats. Other small deals may also join the calendar to slip through before the end of the quarter. Japan-based SYLA Technologies (SYT) plans to raise $15 million at a $243 million market cap. Through its...read more